Travers Smith LLP has advised The Access Group, the UK's leading provider of software for mid-sized organisations, on its acquisition of People HR, a Doncaster-based HR solutions provider and The Payroll Service Company, a Cambridgeshire-based payroll solutions provider.
People HR has fast become a leader in the HR systems market in the UK, with more than 6,000 companies utilising its solution to transform their organisations into social enterprises. The Payroll Service Company has grown to become one of the mainstay payroll solution providers in the UK market, built on its 45-year heritage in serving this sector, and it currently delivers payroll services for more than 1,300 companies, enabling them to meet the operational and regulatory requirements of managing their payroll.
Through these strategic acquisitions, Access has extended its capability to serve an even wider range of organisations looking to power their success through their most important asset – their people.
On the acquisition of People HR, the Travers Smith team was led by Private Equity & Financial Sponsors Partner Emma Havas and Associate Alexander Watt. Specialist tax advice was provided by the Travers Smith Senior Partner Kathleen Russ and Associate Sivanti Devakumar.
On the acquisition of The Payroll Service Company, the Travers Smith team was led by Private Equity & Financial Sponsors Partner Emma Havas and Associate Kim Meadowcroft. Specialist tax advice was provided by the Travers Smith Senior Partner Kathleen Russ and Associate Katherine Williamson.